SPDR S&P Aerospace & Defense ETF $XAR Shares Newly Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC acquired a new position in shares of SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 63,282 shares of the company’s stock, valued at approximately $14,634,000. Confluence Investment Management LLC owned 0.26% of SPDR S&P Aerospace & Defense ETF at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of XAR. Turtle Creek Wealth Advisors LLC purchased a new position in SPDR S&P Aerospace & Defense ETF during the first quarter worth approximately $28,000. Timbuktu Capital Management LLC acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the second quarter worth $28,000. Glenmede Trust Co. NA acquired a new stake in shares of SPDR S&P Aerospace & Defense ETF in the first quarter worth $30,000. Investors Research Corp raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 105.0% in the 2nd quarter. Investors Research Corp now owns 164 shares of the company’s stock valued at $47,000 after acquiring an additional 84 shares during the period. Finally, Triumph Capital Management raised its stake in shares of SPDR S&P Aerospace & Defense ETF by 1,920.0% in the 2nd quarter. Triumph Capital Management now owns 202 shares of the company’s stock valued at $57,000 after acquiring an additional 192 shares during the period.

SPDR S&P Aerospace & Defense ETF Stock Performance

Shares of NYSEARCA:XAR traded up $0.69 during midday trading on Thursday, hitting $231.94. 84,849 shares of the company’s stock traded hands, compared to its average volume of 265,438. The firm’s fifty day moving average price is $261.97 and its two-hundred day moving average price is $267.05. SPDR S&P Aerospace & Defense ETF has a twelve month low of $215.02 and a twelve month high of $297.79. The company has a market cap of $5.55 billion, a PE ratio of 35.83 and a beta of 1.01.

SPDR S&P Aerospace & Defense ETF Company Profile

The SPDR S&P Aerospace & Defense ETF (XAR) is an exchange-traded fund that mostly invests in industrials equity. The fund tracks an equal-weighted index of US aerospace & defense companies. XAR was launched on Sep 28, 2011 and is managed by State Street.